So we’re definitely anticipating some upside here.
Cody Acree: Liam, thanks for that. I guess just further that though, are there specific areas of the front end module that you expect to benefit more in the short-term as processing rates are going higher, as connectivity demands are increased? Is it more a thermal issue? Is it more a transferability or switching or intended tuning for that matter?
Liam Griffin: Yes, I mean, there are more paths, uplink and downlink. You got carrier aggregation here, better filters that we do in-house, engaging in with Wi-Fi as well. And there’s also going to be a range of new frequency bands as you move forward into those devices, so there’s a lot to do. And just that technology alone is going to be amazing. But also the smartphone opportunity today with all those legacy phones that want to turn over to a new upgrade, I think are all going to come together, so we’re looking forward to that. We’re doing the technical work to make it happen, and we’ll keep you posted.
Cody Acree: All right, great. Thank you.
Liam Griffin: Sure.
Operator: Thank you. Our next question comes from Quinn Bolton with Needham & Company. Your line is open.
Quinn Bolton: Hey Liam and Kris, thanks for taking my question. I guess, I wanted to start; you opened the call kind of talking about the slower demand environment in March and April that’s led to this inventory correction in the June quarter. But I guess I’m, I haven’t heard you guys say that you’ve necessarily seen the end of that demand softness. And so what signals are you looking for? Have you already seen that give you confidence that this inventory correction is going to be limited to only the June quarter? Are you starting to see demand signals strengthen as you look past the June quarter?
Kris Sennesael: And, Quinn, so this is not a major, major correction, right? This is just some softer than expected demand that we see. We’re not talking here about a huge major correction. And again, based on customer forecasts and our own intelligence about what’s going on into the market, we think that we’ll be mostly flushed out in the June quarter and in the guide that we provided for the June.
Quinn Bolton: Okay, so it sounds like the forecast from customers that lead you to believe it’s largely limited to the June quarter.
Kris Sennesael: That’s correct. Yes.
Quinn Bolton: Understood. And then I know it’s sensitive, but just coming back to the socket loss at the large customer, it sounds like your think this may be sort of a near-term commercial issue. But I guess I just wanted to ask, do you think there’s any read throughs from this that might signal a move to sort of a multi-sourcing strategy at that customer where they’re looking to bring in additional suppliers across all sockets just for supplier diversity reasons or again, do you think it’s kind of more limited to one year, one socket?
Liam Griffin: Oh, yes. It’s one year, one socket, for sure and we have very, very good eyes on that. Like I said, we’ll wrap it up, but the product in question, we know how to make, and we look forward to continuing to deliver that and others as we go forward, so we appreciate that.
Quinn Bolton: Thank you.
Operator: Thank you. There are no further questions at this time. I’d like to turn the call back over to Liam for closing remarks.
Liam Griffin: Thanks, everyone, for participating in today’s call. We will look forward to talking to you at upcoming investor conferences during the quarter. Thanks.
Operator: Thank you for your participation. This does conclude the program and you may now disconnect. Everyone have a great day.
